4505 MARINE DRIVE

4505 MARINE DRIVE · Burnaby, South Slope · House · 2 bed · 1 bath · $1,950,000 · MLS R3092640

Burnaby, British Columbia · Neighbourhood: South Slope
C$1,950,000
For sale
4505 MARINE DRIVE

4505 MARINE DRIVE is located in Burnaby (South Slope). Property snapshot: House, 2 bed, 1 bath, listed at $1,950,000, MLS R3092640. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Catchm

List Price: $1,950,000
MLS: R3092640
Bedrooms: 2
Bathrooms: 1
Interior Size: 1,268 sqft
Days on Market: -
Days on Site: 125
Deal Score: 50/100
Catchment Schools: Catchment schools include Nelson Elementary, Burnaby South Secondary
Price History: Latest recorded list price 1950000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 4505 MARINE DRIVE?

Start by reading this listing in its Burnaby South Slope context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Burnaby listings should also be screened against SSMUH and provincial small-scale multi-unit housing rules. R1, R4 and R5 zoning may affect multiplex analysis, but they are not automatic buildability guarantees; lot dimensions, area, servicing, trees, parking, permits and current city interpretation still matter.

Burnaby SSMUH / R1 / R4 / R5 quick checklist
  • Confirm the zoning label: R1, R4, R5 or another district.
  • Check lot size, frontage, lane/driveway access, trees, parking and servicing.
  • Read SSMUH, provincial rules and Burnaby's current permit interpretation together.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 4505 MARINE DRIVE?

This page shows a list price of $1,950,000 with MLS R3092640.

What type of home is this Burnaby, South Slope listing?

The page shows House, 2 bed, 1 bath at 4505 MARINE DRIVE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1950000.00; 1 price change(s) on file.

Which catchment schools are associated with 4505 MARINE DRIVE?

Catchment schools include Nelson Elementary, Burnaby South Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Burnaby listings be screened for SSMUH, R1, R4 and R5 risk?

Burnaby listings should be checked against SSMUH, provincial small-scale multi-unit housing policy, R1/R4/R5 zoning, lot size, frontage, servicing, trees, parking and permits. R1/R4/R5 are due-diligence signals, not automatic buildability.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC´s and CAC´s. (id:56153)

Property Details

House
Building Type
2
Bedrooms
1
Bathrooms
1952
Year Built
74 years
Age
125
Days on Site
13,533 sf
Lot Area
1,268 sqft
Interior Size
C$1,538
Price per Sqft

Transaction: For sale

Lot Frontage: 66 ft ,4 in

Status: active

Listing ID: 29390694 (R3092640)

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The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,950,000

Lot Area: 13,533 sf

Lot Frontage: 66 ft ,4 in

PID: 009-757-147

Days on Site: 125 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-07-06 05:03 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nelson Elementary ELEMENTARY
Public · School District 41
4850 Irmin St, Burnaby, BC
Straight-line distance about 865.3 m
Burnaby South Secondary SECONDARY
Public · School District 41
5455 Rumble St, Burnaby, BC
Straight-line distance about 1.5 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
The Low Carb Grocery
About 469.2 m away
Burnaby
Choice's Markets
About 532.3 m away
8620 Glenlyon Parkway, Burnaby
Shopping Centres
Royal Oak Plaza
About 1.2 km away
Marine Way Business Centre
About 1.5 km away
Parks / Green Space
Riverway Sports Complex
About 276.8 m away
8605 Nelson Avenue
Riverway West Park
About 313.5 m away
4390 Carson Street

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 06 Jul 2026 03:57:40 PM PDT

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Listing Office: Sutton Centre Realty

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